Current Situation
- Price Movement: The silver price has been fluctuating in the resistance area of $34 to $35 per ounce for months and is now showing signs of a potential price explosion towards $50.
- Historical Prices: In recent days, the silver price has shown significant fluctuations. On June 5, 2025, it reached a daily high of $36.18.
Forecasts for 2025 and Beyond
- Short-term Forecast 2025: The silver price is expected to fluctuate between $29.80 and $36.91 per ounce. A peak in October at around $35.15 is anticipated, followed by a moderate decline to about $31.37 by December.
- 2026 Forecast: A continued upward trend is expected, with possible peaks of up to $39.74 in August and an end-of-year price around $37.74.
- Long-term Forecasts: By the end of 2030, the silver price could rise to about $73.33, and by 2035 to approximately $106.60, representing an increase of over 228% from the current level.
Impact on Investors
For private investors and small investors, it is important to keep an eye on price developments, as they can have significant impacts on the portfolio. A potential price explosion could present both opportunities and risks, depending on the investment strategy and market conditions.
Technical Analysis
- Resistance and Support: Current resistances are at approximately $34.86 and $49.83, while supports are around $32.51, $30.09, and $28.74.
- Trend Structure: The upward trend structure remains active, but a potential double top at the last high points warns of caution. A break below $26.50 could indicate a trend reversal.